Overall, the average consumer prices in Latvia are not significantly different from average prices in other European countries. In 2013, the monthly subsistence minimum for a basket of goods and services was around 255 EUR per person.
The capital of Riga tends to be more expensive than other towns and rural areas, in particular with regards to the prices of rent and services.
For more detailed information on the costs of living in Latvia consult Numbeo.
Despite a multitude of offers, finding a place to stay in Riga can be long process. Before you start your search there are several points you should consider:
Flatsharing is most popular among students who are not able to afford a flat by themselves. There is no central website for finding free rooms in a shared flat, instead flatshares are usually the result of networking in the circle of friends and acquaintances.
Most commonly one of the flatmates signs the rental contract as the main tenant and then sublets rooms to the other flatmates.
Riga offers a good selection of hostels both in terms of quality and price. Most hostels are conveniently located in the centre of the city.
Overall, Riga's hostels are a good temporary solution for accommodation. For example, while looking for a permanent place of residence. The prices of a bed in a dorm room start from 5 EUR, whereas private rooms cost from 10 EUR.
Looking for cheap accommodation in Riga isn’t easy and can be time consuming. Fortunately the times of browsing innumerable adverts, making hundreds of phone calls and visiting dozen of houses belong to the past: with Uniplaces now you can look for your room comfortably sitting at home. You can pick a room in a shared home with other expats, a studio flat if you want more privacy, or you can team up with other friends and rent an entire apartment just for yourselves.
The booking system is very simple and doesn’t require any visit: all can be done in advance thanks to the detailed descriptions and photos of the rooms and you can secure your room before even getting there. Moreover the Uniplaces team will be available for any questions and help.
Uniplaces is an online marketplace for booking mid-long term accommodation with thousands of verified properties.